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- Indian Economy is a concept which deals with the system which manages all Economic activities of a country.
- It covers different sectors like agriculture, industry, and services along with their sub-segments.
- It is described as huge, complex and growing economy
- It is one of the most exciting and emerging markets in the world.
- The Indian economy ranks third in the world.
- It is stated as one of the fastest-growing economies in the world.
- India is a type of mixed economy.
- The private and public sectors co-exist and the country leverages international trade.
- Most of the labor force is employed in the agriculture and industry sectors.
- India is the largest producer of milk and pulses in the whole world.
